Analysts pick winners from China stimulus measures

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Analysts pick winners from China stimulus measures
Aluminum Corporation Of China LtdAnhui Conch Cement Co LtdPetrochina Co Ltd
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Now that China's key ministries have spoken on stimulus, analysts have narrowed down the stocks likely to benefit.

Now that China's key ministers have spoken on stimulus, analysts have narrowed down the stocks likely to benefit. Chinese stocks have tempered their recent rally as investors await more policy details. Data out Friday showed retail sales and industrial production for September beat expectations, while the real estate slump remained pronounced. Third-quarter GDP grew by 4.6%, mildly better than expected. "Overall, GDP growth YTD has been 4.

He was the latest senior official to hold a press conference, after the central bank head in late September, the economic planner on Oct. 8 and the finance minister on Oct. 12. If developers can get more funding, that may not boost sales immediately, but it can help improve confidence, said Edward Chan, a director at S & P Global Ratings.

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